Report Update: May 1, 2024

Hungary - Upholstered Seats With Metal Frames - Market Analysis, Forecast, Size, Trends And Insights

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Price for Metal Frame Upholstered Seat in Hungary - 2023

Price for Metal Frame Upholstered Seat in Hungary (CIF) - 2023

In July 2023, the average metal frame upholstered seat import price amounted to $51.2 per unit, dropping by -20.8% against the previous month. Overall, the import price recorded a noticeable downturn. The pace of growth was the most pronounced in June 2023 an increase of 25% month-to-month. The import price peaked at $75.3 per unit in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($248 per unit), while the price for Denmark ($31.3 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal Frame Upholstered Seat in Hungary (FOB) - 2022

In 2022, the average metal frame upholstered seat export price amounted to $75 per unit, declining by -25.6% against the previous year. Overall, the export price recorded a perceptible decline. The pace of growth was the most pronounced in 2018 an increase of 23%. As a result, the export price attained the peak level of $156 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Croatia ($75 per unit) and the UK ($75 per unit), while the average price for exports to Germany ($74 per unit) and Austria ($74 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (-4.0%), while the prices for the other major destinations experienced a decline.

Imports of Metal Frame Upholstered Seat in Hungary

In 2022, the amount of upholstered seats with metal frames imported into Hungary skyrocketed to 844K units, jumping by 77% on the year before. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat imports skyrocketed to $34M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Metal Frame Upholstered Seat in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.8	3.1	5.0	8.7	45.9%
Poland	5.0	4.5	6.1	8.3	18.4%
Germany	4.0	3.6	4.5	6.3	16.3%
Austria	2.5	1.2	1.0	2.3	-2.7%
Italy	1.8	1.7	1.8	2.1	5.3%
Slovakia	1.3	0.8	1.2	1.6	7.2%
Lithuania	N/A	0.2	0.6	0.8	100.0%
Others	3.7	4.8	4.4	4.1	3.5%
Total	21.2	20.0	24.7	34.3	17.4%

Top Suppliers of Metal Frame Upholstered Seat to Hungary in 2022:

Exports of Metal Frame Upholstered Seat in Hungary

In 2022, approx. 361K units of upholstered seats with metal frames were exported from Hungary; growing by 65% compared with the previous year. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal frame upholstered seat exports surged to $27M in 2022. The total export value increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Metal Frame Upholstered Seat in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	18.1	18.1	18.9	21.4	5.7%
Netherlands	N/A	N/A	0.5	1.7	240.0%
Croatia	N/A	N/A	N/A	0.8	0%
Slovakia	0.2	0.3	0.2	0.7	51.8%
Belgium	N/A	N/A	0.1	0.6	500.0%
Austria	0.9	0.8	1.0	0.5	-17.8%
Others	1.7	1.1	1.2	1.3	-8.6%
Total	20.9	20.4	21.9	26.9	8.8%

Top Export Markets for Metal Frame Upholstered Seat from Hungary in 2022:

Germany (287.4K units)
Netherlands (22.2K units)
Croatia (10.8K units)
Slovakia (9.8K units)
Belgium (7.7K units)
Austria (6.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for metal frame upholstered seat in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 31001170 - Upholstered seats with metal frames (excluding swivel seats, m edical, surgical, dental or veterinary seats, barbers

Country coverage:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023